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Spang & Company history
Spang & Company company history timeline
Founded in 1894 and headquartered in Pittsburgh, Pennsylvania, Spang & Company is a manufacturing company that design, produce, and supply precision soft magnetic components and materials to the electronics industry and custom engineered solutions to the power industry.
1894 – George Spang established his own oil field repair shop in Butler, Pennsylvania and served as president for 41 years.
1913 – Spang purchased the inventory, machinery, and good will of TW Phillips Manufacturing.
1961: Spang acquired Ferroslag Process Corporation
1963: Spang acquired Fort Pitt Bridge Works and Garco Products
1968: Spang acquired Wolverine Toy Company, based in Pittsburgh, Pennsylvania and moved the company to Arkansas
1980's: Wolverine progressed from metal to plastic molded toys and was renamed Today's Kids
1980’s – Spang divested Sun Drug Company, discontinued Fort Pitt Bridge Works, and discontinued Butler Refractories and Ferroslag Processing Corporation to focus on its two core operations, power systems and electronic components.
1986: Spang closed the Manufacturing & Tool Division in East Butler, PA, primarily due to the decrease in oil industry drilling in the US
1999 – Today’s Kids diversified, introduced new product lines resulting in four businesses under the Today’s Plastics name.
2004: Magnetics built a new plant in Xiamen, China
2005: Opened Spang Power Electronics Asia locations for sales
2006: Opened Spang Power Electronics Xiamen plant in August as a Field Service location, and began production shortly thereafter
2007: Magnetics consolidated production operations in Pennsylvania and China
2012: Magnetics built a new Haicang, China plant and moved most production facilities from the Xiamen location to Haicang.
2012: Spang Engineered Solutions began operations, as an engineering design and rapid prototype developer for custom design inductive components
2018: Spang Engineered Solutions acquired Frost Magnetics in Oakhurst, CA
2019: Magnetics closed the warehouse in East Butler, PA and opened a new warehouse and distribution center in Phoenix, AZ
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Spang & Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Behlman Electronics | 1957 | $16.1M | 125 | - |
| Abbott Technologies | 1961 | $10.0M | 50 | - |
| Robinson Manufacturing | 1927 | $128.4M | 200 | - |
| Metron Technology | 1975 | $33.7M | 100 | 7 |
| Alaris | - | - | 3 | 1 |
| Office Star Products | - | $18.0M | 135 | - |
| Wisconsin Homes | - | $16.5M | 18 | 7 |
| Good Samaritan Center | 1973 | $5.0M | 35 | - |
| Braswell's | 1946 | $1.7M | 50 | 6 |
| Ussery Printing | - | $18.9M | 61 | - |
Spang & Company history FAQs
Zippia gives an in-depth look into the details of Spang & Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Spang & Company. The employee data is based on information from people who have self-reported their past or current employments at Spang & Company. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Spang & Company. The data presented on this page does not represent the view of Spang & Company and its employees or that of Zippia.
Spang & Company may also be known as or be related to Spang & Co, Spang & Co. and Spang & Company.